A Tale of Two Cities and a Giffen Good

8 Pages Posted: 25 Jan 2005

See all articles by Rod Garratt

Rod Garratt

University of California, Santa Barbara (UCSB) - Department of Economics

Abstract

A scenario is provided in which a house in Eden Mills, Ontario, is a Giffen good. The conditions derived in the example apply to other indivisible goods as well.

JEL Classification: D11

Suggested Citation

Garratt, Rod, A Tale of Two Cities and a Giffen Good. Canadian Journal of Economics, Vol. 38, No. 1, pp. 49-56, February 2005. Available at SSRN: https://ssrn.com/abstract=654067

Rod Garratt (Contact Author)

University of California, Santa Barbara (UCSB) - Department of Economics ( email )

2127 North Hall
Santa Barbara, CA 93106
United States

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